359 Co 48 rd - Manufactured Housing/Mobile Housing FOR SALE


Otego, NY 13825
$351,000 USD
646-233-0438
359 Co 48 rd, Otego, NY for Sale
$351,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
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359 Co 48 rd
Otego, NY 13825


OVERVIEW

Elevate your investment portfolio with this stunning multi-family property boasting 5 Park Owned Homes. Nestled on a picturesque hill, this property offers breathtaking mountain views that will captivate both residents and investors alike. With a reliable septic system and well in place that are not subject to any daily tests from the Department of Health, rest assured that this property is equipped to provide a seamless living experience while maximizing your return on investment. Located in the heart of Otego, NY, this commercial property offers an excellent opportunity for businesses seeking a strategic location with accessibility and small-town charm. Positioned just off Interstate 88, the property benefits from convenient connectivity to Oneonta (10 minutes east) and Binghamton (45 minutes south), making it an ideal location for retail, office, or industrial use.

FOR SALE DETAILS

PRICE

$351,000 USD

# OF UNITS

5

PRICE/UNIT

$70,200

CAP RATE

12.42%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Otica Acres MHP

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.95 AC

LAND SF

128,646 SF

ZONING

-

APN/PARCEL ID

364889-325-000-0001-008-001-0000

ASK ABOUT THIS PROPERTY

Megan HaggartyIRE InvestmentMore Info
646-233-0438

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Megan HaggartyIRE InvestmentMore Info
646-233-0438

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.